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Metals and mining
Mining & Metals are the backbone of the global economy. Standing at the beginning of most value chains, the Mining & Metals industry is a critical supplier of essential inputs and a global generator of trade and employment. It also has important environmental, fiscal and social effects, and acts as a catalyst for the economic progress of numerous mining-dependent countries in the world.
The Mining & Metals industry comprises the extraction of useful minerals from the ground, including oil and gas, coal, metal ores and non-metallic minerals, and related support activities. It also includes activities lower down the supply⛎ chain, such as metal processing, manufacturing of metals and a variety of fabricated metal products, such as cutꦦlery, metal structures, boilers, tanks and ammunition.
Alongside mining, non-ferrous metal processing is vital to the Indian economy, as it provides inputs to industries across the country’s manufacturing spectrum. Despite the high reported levels of self-sufficiency in many metallic min𓆉erals, ...
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The Indian mining sector’s GVA accounted for some 3.8% of GDP in FY2016, as agaꦜinst 4.5% in the previous year. A number of mining commodities, such as crude oil, coal and iron ore, are not only domestically produced but also imported, which ...
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China’s output of crude steel and steel products climbed by 3.1% y/y to 505.3mn tonnes in Q3 2016, en⭕couraged by rising steel product prices. Prices on the domestic market have been climbing since March 2016, exceeding the average 2015 level in ...
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China’s output of steel and steel pro𒁃ducts climbed by 0.5% y/y to 514.4mn tonnes in Q2 2016, after three consecutive quarters of production decline. The manufacture of steel products increase▨d by 1.8% y/y and was the main driving factor for the ...
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India is the world’s third-largest crude steel producer, third-largest finished steel consumer and the global leader in sponge iron manꦐufacturing. The country claims nearly 6% of the global crude steel production and around 5% of⛎ the pig iron ...
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The Indonesian coal sector contribute♚d 1.7% to the country’s GDP in 2015. Indonesia is the largest exporter of thermal coal and the fifth-largest coal producer in the world. Coal production decreased by almost 15% y/y in 2015 as a result of ...
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